ARA PERMATA BUSINESS CENTRE

ARA PERMATA BUSINESS CENTRE in Petaling, Selangor recorded 10 subsale transactions in 2023, with a median price of RM 883K and a median price per square foot (PSF) of RM 592.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 883K, with most transactions falling within a stable range of RM 833K to RM 933K, and a typical market range of RM 743K to RM 1.02 million.

Most transactions involved 1 - 1 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 592, though individual units vary from RM 459 to RM 725 in the core range. The broader market spans RM 482.00 to RM 702.00, indicating diverse property characteristics. The spread of RM 220.00 (IQR) and deviation of RM 133 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.